From Barchart: 2025-05-07 18:45:00

Virtual events software company ON24 (NYSE:ONTF) reported Q1 CY2025 revenue of $34.73 million, surpassing analyst estimates by 1.5%, but still down 7.9% year-on-year. The company’s next quarter revenue guidance of $34.8 million falls short of expectations by 0.7%. ON24’s non-GAAP loss per share was $0.01, beating analyst estimates by the same amount. Despite dropping full-year revenue guidance to $137.5 million, ON24 reiterated its full-year Adjusted EPS guidance of $0.04. The company’s sales growth has been weak over the past three years, with revenue expected to decline by 6.8% next quarter and 4% over the next 12 months. ON24’s customer acquisition cost payback period was negative this quarter, indicating inefficiency in acquiring new customers. Overall, the stock remained flat at $4.72 following the results.



Read more at Barchart: ON24 (NYSE:ONTF) Beats Q1 Sales Targets But Full-Year Sales Guidance Misses Expectations Significantly